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Reply to "Where exactly does all the inflation money go?"
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[quote=Anonymous][quote=Anonymous][quote=Anonymous]Corporations are doing stock buy backs and paying their CEOs multi millions. Meanwhile, the workers themselves aren't doing as well The largest egg company in America? Gas companies? Banks? And many more, all reporting record profits. [/quote] This! I work at a large corporation with record profits. The C-level got record bonuses; their compensation is mainly paid through performance bonuses. They gave us on the "shop floor" 0-4%, while externally publishing that the average raise for inflation was 5%. I suppose they averaged in the C-level pay into that because I got a whopping 1.8%. Last year, another for record profits, we got 0% raise and an email stating that the company didn't want to contribute to inflation![/quote] Call me a socialist but this infuriates me! There is literally no reason why there should be such income disparity between the top and the employees who do the actual work.[/quote]
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